News about euro

Kazakhstan considers de-dollarizing its economy

Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
29 December 2014 13:23

Fireworks but no joy as Latvia joins eurozone

Fireworks will light up the skies above Riga when Latvia adopts the euro on January 1, but on the ground the feeling will be far from festive among those fearing the impact of the switch.
27 December 2013 13:33

Cyprus will not quit the euro, vows president

President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.
31 March 2013 16:21

Dollar falls as fiscal cliff worries grow

The dollar dropped to its lowest level against the euro in three months Friday, the euro going above $1.31 as politicians in Washington appeared no closer to averting the economy-crunching fiscal cliff.
16 December 2012 15:03

Euro slips after buying on Greek rescue fizzles

The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
29 November 2012 10:35

Euro weakens as eurozone fails to agree Greek deal

The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed to agree on a deal to unlock the latest batch of crucial bailout cash for Greece.
22 November 2012 14:19

Dollar, euro gain in Asian trade after China data

The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
01 November 2012 10:50

Judgement day looms for euro

When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.
03 September 2012 11:45

Euro stays weak in Asia after ECB disappointment

The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.
03 August 2012 18:38

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